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Coastal investment steps from Strand Beach, offering three fully furnished one-bedroom units with steady rentals, secure building and a six-car garage convertible into a fourth apartment.
Great Investment Opportunity!!! 3 X Beautiful fully furnished, 1 Bedroom Apartments within 100m walking distance from Strand Beach!!!
Property Highlights:
Prime Location - within 100m walking distance from the golden sands of Strand Beach.
3 X 1 Bedroom Apartments - All fully furnished, Stylish finishes, tiled floors, open plan kitchens and modern bathrooms.
Secure building with 6 X vehicle parking garage with automated garage door and access from inside the building to the apartments.
Fully tenanted with permanent rental contracts in place.
Strand is a popular coastal destination with strong rental yields and capital growth.
Strand is also a thriving coastal town for its clean beaches, water sports and relaxed lifestyle.
These apartments offer an excellent opportunity for investors seeking consistent rental income.
The 6 X Vehicle garage includes an additional bathroom and kitchen which can be converted into a 4th apartment for additional rental income or for the investors holiday or weekend getaway.
The Apartment Block is situated in a convenient location within walking distance to all local amenities.
This is definitely a great prospect in the area.
Please call me to arrange for a viewing.
Listed for sale at R2,999,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 25 listings in Strand (town)
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 50% below the median. Floor size is 77% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 29,439 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
25 similar listings
Medium similar-home inventory town-wide (Strand)
Median time on market: 40 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Van Ryneveld offers a relaxed coastal lifestyle with convenient access to amenities and the beautiful Strand beachfront, making it an appealing residential area.
* Distances and amenities are approximate.
